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Robinhood Markets logoRobinhood Markets HOOD

Robinhood said it furnished Exhibits 99.1 and 99.2, the Held NMS Stocks and Options Order Routing Public Reports for the Q1 2024 for its broker-dealer subsidiaries Robinhood Financial LLC (RHF) and Robinhood Securities, LLC (RHS).

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Robinhood said it furnished Exhibits 99.1 and 99.2, the Held NMS Stocks and Options Order Routing Public Reports for the Q1 2024 for its broker-dealer subsidiaries Robinhood Financial LLC (RHF) and Robinhood Securities, LLC (RHS).

  2. The company said this 606-Reports is a subsidiary report that does not present its consolidated results and shows some, but not necessarily all, of the payment for order flow (PFOF) received. It also said the report is unaudited and provided without commentary.

  3. The company said RHS passes 80% of the revenue it receives from trading venues to RHF, and the report amounts represent 80% of the payments RHS received from that venue.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Robinhood Financial and Robinhood Securities file Q1 2024 Rule 606(a) reports

Robinhood said it furnished Exhibits 99.1 and 99.2, the Held NMS Stocks and Options Order Routing Public Reports for the Q1 2024 for its broker-dealer subsidiaries Robinhood Financial LLC (RHF) and Robinhood Securities, LLC (RHS).

Source · Based on the filing body and exhibits

Subsidiary report scope and PFOF disclosure

The company said this 606-Reports is a subsidiary report that does not present its consolidated results and shows some, but not necessarily all, of the payment for order flow (PFOF) received. It also said the report is unaudited and provided without commentary.

Source · Based on the filing body and exhibits

RHS revenue passed to RHF at 80%

The company said RHS passes 80% of the revenue it receives from trading venues to RHF, and the report amounts represent 80% of the payments RHS received from that venue.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.